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FOX Business
Jul 26, 2013 3:00pm EDT
the defense team. general counsel for sac. here is our exchange. >> how are the spirits of the people at sac? >> find. >> a people distressed? of course they issued a statement yesterday in which they said the firm never encouraged and promoted to more tolerated insider-trading. takes the compliance and management obligations seriously. it will be a long process. as of right now sac in trouble, steven cohen, not indicted. liz: that is true. let's keep that in mind. he is not yet accused in a criminal fashion. all of this leeal turmoil has us thinking about the founders unbelievable wealth and his passion for collecting art and luxury homes. in doing so he affects those economies. we're calling it the economy. estimated to be worth more than 9 billion, 21 years after he founded sac capital with 20 million of his own money. he and his family live in a one island sound in greenwich, connecticut. that is a town home to many top hedge fund managers. he also pays 60 million to buy an oceanfront mansion in easthampton, playground of wall street's elite. another house already owns. after payi
FOX Business
Jul 30, 2013 3:00pm EDT
restore ration with a variety of other aerospace and defense applications, and they have proprietary technology that's faster, more capable, and more accurate than anything out there so it's a crown jewel. liz: you made a lot of other acquisitions, geomagic, coweb, and then rptg. avi, let me just say that for viewers who don't know, you're in personal, professional, and production printer. you have enterprise and regular folks who want to buy these things. sch area shows the most promise? some analysts are concerned you go more with the software or the individual sales, and that, of course, has lower margins, thinner margins. >> liz, we look at this as a platform play and equal systems play taking it all the way from design to manufacturing for professional companies and from creativity to actuul making for the hobbies, the consumer, the educator, and kids. we see two big opportunities in front of us. the first one is in eventacturig this technology into real factors, be it in early space, defense, automotive, seeing it going to completely reshape patients' specific medical device, a
FOX Business
Jul 25, 2013 3:00pm EDT
world, they live right there. i tell you, they have a good defense. liz: you kind of glossed over when i ask you if you smoke into your -- spoken to people inside sac capital. is that a yes and, if so, what can you tell me? >> i can't really go too much into that, but what i can tell you is something that they had a feeling was coming. charlie will tell you that as well. people are not happy about it. liz: are they saying, it will be fine? don't worry? >> i make my own conclusions based upon my evidence. liz: are you going to cover your investors? >> i'm absolutely not. i have to make some calls this afternoon. liz: and you have been busy. ed butowsky. he is a -- look. innocent until proven guilty. we understand. please keep us posted. thank you so much. joining us live from dallas. plenty of market news. we are not ignoring that. facebook scoring big on advertising revenue this quarter boosting its stock. another company shares as well. let's get to nicole. >> reporter: today the story, facebook, you see the stock moving. the highest level since last year, the day after the ipo. $34,
FOX Business
Aug 1, 2013 3:00pm EDT
the case. if you go back when this thing first broke, they initially put up a big defense. remember them going running around saying we're going to fight them and when this case. leaking stories. liz: the other thing -- >> goldman will lose. liz: let me cut in quickly. goldman -- hang on. goldman paid for the breeze. they pay for his defense. they did because they want to make sure to their own employees. for greece was a symbolic face. the face of wall street in this deal. a big victory for the s in ec. next up is penalties. >> i disagree. i don't think he's a face. i think that the street has moved on. i think that this is a bigger story of the loss. the fact that they want, it's almost rudimentary. liz: agaii, the case is over. it appears that the fabulous fab is not so fab. he is liable. liable on six of the seven counts. already settled. okay. coming right back. twenty-six minutes before the closing bell. dow jones industrial up 118. ♪ liz: well, it was just launched moments ago. the first and set produced since the takeover by google in 2011. the beginning of the come back.
FOX Business
Jul 29, 2013 3:00pm EDT
his defenses is was a charity thing and it was a cancer charity. you never know. i hate to think other people making mountains out of a mole hill, he has angered the government in the past. the consumption has angered the government. liz: thank you very much. the circle of friends. liz: two >> everything you wanted to know about steve cohen but was too worried to ask. liz: but the dispute over herbalife. coming up straight after the bell. will they pile on even more if herbalife beats the street? and wants to know where the sweet spot is for stock investing right now? a money manager about to join us who believes he has the answer, the simple one and will spit out some names from his answer. you don't want to miss what he says in just a few moments. [ male announcer ] the mercedes-benz summer event is here. now get the unmistakable thrill... and the incredible rush... of the mercedes-benz you've always wanted. ♪ but you better get here fast... [ girl ] yay, daddy's here. here you go, honey. thanyou. [ male announcer because a good thing like this... phew! won't last forever. mm
Search Results 0 to 4 of about 5